Browsing: 22Seven

Absa on Tuesday released a beta version of its new online banking portal that includes the first steps into personal financial management software.
The widget-based layout is fully customisable and will become the default digital platform for its clients in months to come. Adrian Vermooten, Absa’s deputy

22seven is no longer in beta. It will offer users a 30-day free trial, after which the service will cost R70/month. There is no contractual commitment and users can opt out at any time. CEO Christo Davel says mobile applications are inevitable, but won’t commit to a timeline for their launch

SA technology journalist Simon Dingle has been hired by Cape Town-based personal financial management start-up 22seven to head its product strategy and design team. Launched in January, 22seven is headed up by Christo Davel, the former CEO of now-defunct online bank 20twenty. Dingle will continue to write for Finweek magazine

First National Bank (FNB) has become the first SA bank to allow personal financial management start-up 22seven access to its customers’ accounts, albeit on a limited basis. The move stands in stark contrast to FNB rival Absa, which has blocked 22seven — specifically its US technology partner Yodlee

“You’re being irrational.” No one likes to hear those words. They are the verbal equivalent of a pat on the head. But, like it or not, we are fundamentally irrational beings. And the area in which we should be the most clear-headed, our personal finances, is usually

Online personal financial management start-up 22seven on Wednesday accused Absa of blocking its US technology partner Yodlee from accessing users’ Internet bank accounts. Absa confirms it has blocked the service and on Wednesday defended its decision in an interview with TechCentral. 22seven has provoked

Christo Davel, former head of now-defunct online bank 20twenty, sparked intense debate and provoked security warnings from local banks last week when he took the wraps off his new venture, personal financial management website 22seven. The start-up got itself noticed. But is the service safe to use?

Financial management website 22seven has been live for just a day and already it’s facing its first serious challenge. Some of SA’s big banks have begun warning their customers not to provide their banking login details to the service, which aggregates users’ financial information to give them a graphics-rich picture of their income and spending

Standard Bank and Nedbank have finally offered their opinions on online personal financial management (PFM) start-up 22seven, which has been garnering an enormous amount of attention and controversy from banks and consumers alike since launching on Thursday. Absa and First National Bank have both weighed in

The raging controversy around new personal financial management website 22seven and the reaction from local banks form the cornerstone of this week’s episode of the TalkCentral podcast, hosted by TechCentral editor Duncan McLeod and senior journalist Craig Wilson. We ask whether 22seven